PITTSBURGH and KUNGӒLV, SWEDEN – NEP Group Inc., a provider of outsourced technologies for broadcast and live event industries headquartered in Pittsburgh, has acquired the entirety of Mediatec Group from its current owners. Financial terms were not disclosed.
Mediatec, based in Sweden, is a provider of integrated technical solutions with locations all across Europe, offering outside broadcast, studio production and video display technologies. The Mediatec Group is made of two entities, Mediatec Broadcast, with Paul Henriksen serving as managing director, and Mediatec Solutions, with Kenneth Paterson as managing director. Both Mediatec Broadcast and Mediatec Solutions will continue to operate as separate entities and under their current leadership; Henriksen and Paterson will become members of NEP’s senior management team.
With the acquisition, NEP continues its recent expansion, having opened offices in Canada and acquiring Australian company Silk Studios within the last four months. NEP also has offices in the U.K., Ireland, the Netherlands, and Dubai.
The transaction is expected to be completed in the coming weeks.
December 10, 2014
“Acquisitions, Smart Tech Fuel NEP Success”
NEP has also branched out from its origins to become a developer of technologies for covering both high-end and smaller venue events, such as a new series of mobile LED display trailers that are being used for the National Hot Rod Association and customized OB flypack solutions.
September 22, 2014
“New Generation of Sports Trucks Hits the Road”
The video, audio, routing, storage and other such technology used to build remote trucks may advance every couple of years or so, but according to George Hoover, chief technology officer for NEP Supershooters in Pittsburgh, the technological upheaval in these trucks is on a longer timeline.
August 4, 2014
“NEP’s Sweetwater Opens First East Coast Facility in New York”
NEP’s Sweetwater announced they have opened a facility in New York City. In addition, Steven Alper, a veteran of the television production and events business has joined Sweetwater as director of business development with the primary mission to expand the company’s East Coast business.
April 22, 2014
“NEP Upgrades Fleet With Embedded Audio”
EP has begun phase two of its large-scale, fleetwide technology enhancement with major audio infrastructure upgrades for seven of the company’s U.S.-based mobile broadcasting vehicles.
Future US's leading brands bring the most important, up-to-date information right to your inbox
Thank you for signing up to TV Tech. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.